# Frustrated oilseeds markets struggle to make gains - Farmers Weekly

> Farmers Weekly reports that global oilseed prices remain well below 2022 highs, with Paris rapeseed November futures near €440.75/t. Heavy Black Sea rapeseed supplies and the North American soybean harvest are limiting gains. US soybean futures have eased from about $14 to $13 a bushel.

- Date: 2023-09-27 · published 2023-09-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/34228-frustrated-oilseeds-markets-struggle-to-make-gains-farmers-weekly
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Ample global oilseed supply from the Black Sea and a large US soybean harvest keep meal and bean prices under pressure. Higher crude oil prices give only limited support.

## Read by commodity

- SOY: bearish ▼
- CANMEAL: bearish ▼

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/crop-prices/frustrated-oilseeds-markets-struggle-to-make-gains

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.